The 20-year-old defender has come through the ranks at the Premier League club, but is yet to make a senior appearance for the Swans.
Shephard was a regular for the Swansea reserves and youth teams, and has featured as a substitute in two Premier League matches this season.
He did not sign for Yeovil in time to make the squad for this weekend's meeting with Bradford City.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | York City | 16 | 10 | 5 | 1 | 28 | 9 | 19 | 35 |
| 2 | Forest Green RoversForest Green | 16 | 10 | 4 | 2 | 29 | 13 | 16 | 34 |
| 3 | Barnet | 16 | 11 | 0 | 5 | 34 | 20 | 14 | 33 |
| 4 | Gateshead | 16 | 10 | 3 | 3 | 28 | 19 | 9 | 33 |
| 5 | Oldham AthleticOldham | 16 | 8 | 6 | 2 | 25 | 17 | 8 | 30 |
| 6 | Rochdale | 16 | 8 | 3 | 5 | 25 | 15 | 10 | 27 |
| 7 | Yeovil TownYeovil | 16 | 7 | 4 | 5 | 20 | 15 | 5 | 25 |
| 8 | Solihull MoorsSolihull | 16 | 7 | 3 | 6 | 23 | 25 | -2 | 24 |
| 9 | AltrinchamAltrincham | 16 | 6 | 5 | 5 | 23 | 20 | 3 | 23 |
| 10 | Halifax TownHalifax | 16 | 6 | 5 | 5 | 18 | 16 | 2 | 23 |
| 11 | Eastleigh | 16 | 6 | 5 | 5 | 24 | 23 | 1 | 23 |
| 12 | Sutton UnitedSutton | 16 | 6 | 4 | 6 | 24 | 24 | 0 | 22 |
| 13 | Dagenham & RedbridgeDag & Red | 16 | 5 | 6 | 5 | 26 | 17 | 9 | 21 |
| 14 | Southend UnitedSouthend | 16 | 5 | 6 | 5 | 20 | 19 | 1 | 21 |
| 15 | Hartlepool UnitedHartlepool | 16 | 5 | 6 | 5 | 15 | 16 | -1 | 21 |
| 16 | Tamworth | 16 | 6 | 3 | 7 | 19 | 27 | -8 | 21 |
| 17 | Aldershot TownAldershot | 16 | 4 | 6 | 6 | 21 | 25 | -4 | 18 |
| 18 | Woking | 16 | 4 | 5 | 7 | 18 | 23 | -5 | 17 |
| 19 | Maidenhead UnitedMaidenhead | 16 | 4 | 4 | 8 | 20 | 26 | -6 | 16 |
| 20 | Fylde | 16 | 4 | 3 | 9 | 20 | 36 | -16 | 15 |
| 21 | Braintree TownBraintree | 16 | 3 | 4 | 9 | 11 | 19 | -8 | 13 |
| 22 | WealdstoneWealdstone | 16 | 2 | 6 | 8 | 14 | 25 | -11 | 12 |
| 23 | Boston UnitedBoston | 16 | 2 | 4 | 10 | 15 | 29 | -14 | 10 |
| 24 | Ebbsfleet | 16 | 1 | 4 | 11 | 14 | 36 | -22 | 7 |
| > National League Full Table | |||||||||
